Ascena Retail Group Inc. (ASNA) had a rough trading day for Wednesday November 06 as shares tumbled 15.47%, or a loss of $-0.071 per share, to close at $0.39. After opening the day at $0.45, shares of Ascena Retail Group Inc. traded as high as $0.46 and as low as $0.37. Volume was 1.8 million shares over 3,781 trades, against an average daily volume of n/a shares and a total float of 197.8 million.
As a result of the decline, Ascena Retail Group Inc. now has a market cap of $76.75 million. In the last year, shares of Ascena Retail Group Inc. have traded between a range of $4.55 and $0.20, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.
Ascena Retail Group Inc is a national specialty retailer of apparel for women and tween girls. The company operates, through its owned subsidiaries, e-commerce operations and stores in the United States, Canada, and Puerto Rico. It has four operating segments: Premium Fashion, Value Fashion, Plus Fashion and Kids Fashion. Ascena generates most of its revenues from Premium Fashion segment.
Ascena Retail Group Inc. is based out of Mahwah, NJ and has some 63,000 employees. Its CEO is Gary Muto.
Ascena Retail Group Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
